Definition

Statute of Limitations

The state law that sets forth how long a lender/bank can attempt to collect a debt from a person after they default on their payment obligations. The length of time varies from state to state and typically falls somewhere between 3 - 10 years from the date of default. Note that the time can reset/restart whenever a payment is made.

The Statute of Limitations can be used as a defense against a debt collection law suit.

It does not impact how debt is reported on your credit report.

It's easy to get help

Choose one of the options below to get assistance with your bankruptcy:

Private Attorney

Upsolve is a 501(c)(3) nonprofit that started in 2016. Our mission is to help low-income families who cannot afford lawyers file bankruptcy for free, using an online web app. Spun out of Harvard Law School, our team includes lawyers, engineers, and judges. We have world-class funders that include the U.S. government, former Google CEO Eric Schmidt, and leading foundations. It's one of the greatest civil rights injustices of our time that low-income families can’t access their basic rights when they can’t afford to pay for help. Combining direct services and advocacy, we’re fighting this injustice.

Organization

Need help?

Terms & Privacy

Made in NYC 🗽

Upsolve is not a law firm or a substitute for an attorney or law firm. Upsolve provides an online web app that helps you file for bankruptcy for free on your own, if you have a simple case and pass our eligibility criteria. We do not provide any form of legal advice and absolutely no communication between you and Upsolve should be considered legal advice. If you do not qualify for our free web app or you do not want to use it, we provide access to private independent attorneys at your specific direction. Attorneys pay Upsolve for the chance to provide free evaluations to people who ask for them, which helps keep our web app free. By using Upsolve, you do not enter any form of attorney-client relationship with Upsolve. Your access to the website is subject to our Terms of Use.

Close

Considering Bankruptcy?

Are you interested in our free self-service bankruptcy app or a free evaluation with a paid attorney?